If your property manager is not listed as an additional insured, they may not be covered under your policy in the event of an incident on your property, leaving both of you potentially exposed to liability.It can save you money.If your property manager is not added to your insurance policy as an additional insured, they may be forced to purchase their insurance policy to protect themselves.

Remember to account for potential surprises.

If you have steady, high income in a coliving house I think that’s potentially more profitable.

It pays to have a look at the EMA floodmap and see where you are in regards to potential flooding. 

You may also need to provide additional documentation, such as proof of income and employment, and may need to have a co-signer who is a U.S. citizen or permanent resident.In terms of buying with an LLC, it can be a good option for some foreign buyers, as it can provide additional liability protection and potentially offer tax benefits.

Also look into whether the city has already set up regulations around STR or whether there are potential changes coming down the line. 

Or do you offer this type of funding on a transaction that could potentially take a few days, or even a week or two? 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

I instead look at it as a potential red flag.

It has so much potential.